Federal spending has leaped 25 percent since 2001, exceeding $20,000 per household (See Chart 1). Frustrated taxpayers are seeking ways to protect their family budgets from the federal budget. These taxpayers should look to Colorado.In 1992, Colorado citizens revolted against their free-spending lawmakers by petitioning for a referendum to limit the growth of state government to the inflation rate plus the population growth rate. Voters quickly approved the Taxpayers' Bill of Rights (TABOR), ushering in a new era of fiscal responsibility and economic growth. Over the next decade, spending was reined in, taxes plummeted, and the Colorado economy became the...